Forthplus Pensions was established with three core pillars of focus: be clean and compliant, be globally focussed and be simple to understand.
We are a transparent and compliance focussed company, holding only vanilla standard investments and operating a genuinely clear and competitive pricing structure. We bring UK based pension solutions, not only to the UK but throughout the world, ensuring that international and expatriate UK pension holders can get genuine and secure solutions. We provide the simplicity of pensions to the international masses, removing the veil of complexity to a product that should be easy to understand, and be used to effectively plan to provide for retirement and beneficiaries.
The Forthplus SIPP, operated from Edinburgh, was launched after Forthplus Pensions Limited received FCA authorisation and regulatory approval on 1st September 2015. Internationally, our innovative approach, along with our no-exceptions approach to accepting only standard investments, has been very well received by advisers and clients. Our subsequent, controlled, launch in the UK has been equally well received.
Forthplus was established by experts who understand the expatriate market. The entire solution (product, technology and style) was developed following consultation with advisers and stakeholders in the market. We produced a product and system that satisfies the demand for a transparently priced, high quality, secure, yet simple SIPP. Backed by a service driven company using the latest technology, we provide advisers and clients with simple processes and up to date information.
The extensive experience of our team in pensions, financial services and technology, provides the enviable ability to form a company and its products, from the ground up. To form it in exactly the way we envisaged, rather than having to apply a culture after the fact. This has allowed it to truly become a reflection of the people behind it.
As a result Forthplus has developed a genuine and thorough culture of operating to the Gold Standard of Compliance. This culture from the top level of the business throughout, giving comfort to clients and employees that we take extra pride in doings things the right way, first time.
Forthplus operate a strict policy that any client must be introduced by a financial advice firm regulated to provide financial advice in the region in which the individual is normally resident. Or if the region is unregulated, that the firm be regulated elsewhere. We do not deal with unregulated advice firms. The only investments available and used within the SIPP, are those which satisfy our investment policy and have been approved for use by our Investment Committee. This adds a range of additional protections to our members and supports our ability to provide our introducers and their clients with the right products well into the future.
We are regulated to provide and operate the pension. We do not make any comments on suitability, appropriateness or provide any advice in any way to any client, nor are we authorised to do so. This is a large part of the reason we insist clients are introduced by regulated financial advice firms.
- The Forthplus SIPP has been developed in conjunction with services from blue chip companies such as;
- Blackrock who offer investment solutions
- Pinsent Masons and Addleshaw Goddard our legal advisers
- KPMG our auditors
- Barclays Bank – who provide the operating accounts for all clients.
The Forthplus SIPP operates with a separate Trustee ‘Forthplus Trustees Limited’. A Bare Trustee, meaning all client assets are held entirely separately from those of the Scheme Administrator ensuring no client money is mixed with operational expenses at any time.